Nuclear stocks rally on report Trump will sign executive order to support industry
1. Nuclear power stocks surged amid Trump’s executive orders on reactor construction. 2. Oklo and NuScale gained 8%, Constellation Energy rose 2%, and Cameco up 4%. 3. Orders aim to reduce U.S. dependence on foreign uranium, invoking Defense Production Act. 4. Federal agencies will expedite permitting for new nuclear facilities, increasing supply. 5. Overall market sentiment may shift positively towards energy sector investments.